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Tuniu Announces Unaudited Second Quarter 2021 Financial Results NANJING , China , August 23 , 2021 -- Tuniu Corporation ( NASDAQ : TOUR ) ( " Tuniu " or the " Company " ) , a leading online leisure travel company in China , today announced its unaudited financial results for the second quarter ended June 30 , 2021 . Highlights for the Second Quarter of 2021 • Net revenues in the second quarter of 2021 increased by 373.1 % year - over - year to RMB161.0 million ( US $ 24.9 million¹ ) . • Revenues from package tours in the second quarter of 2021 increased by 906.9 % year - over - year to RMB126.5 million ( US $ 19.6 million ) . Operating expenses in the second quarter of 2021 decreased by 39.8 % year - over - year to RMB95.1 million ( US $ 14.7 million ) . " Our business saw a strong recovery in the second quarter , as we achieved revenue growth for the first time since the COVID - 19 outbreak and returned to positive operating cash flow . " said Mr. Donald Dunde Yu , Tuniu's founder , Chairman and Chief Executive Officer . " We continue to be guided by our ' customer first ' principle as we improve our products and services based on customer demand in order to maintain sustainable growth and seize opportunities amidst the evolving industry environment . In the face of temporary challenges , we will always prioritize customers and work to gain their long - term support and trust through our consistent high - quality service . " Second Quarter 2021 Results Net revenues were RMB161.0 million ( US $ 24.9 million ) in the second quarter of 2021 , representing a year - over - year increase of 373.1 % from the corresponding period in 2020. The increase was primarily due to the growth in revenues from packaged tours . • Revenues from packaged tours were RMB126.5 million ( US $ 19.6 million ) in the second quarter of 2021 , representing a year - over - year increase of 906.9 % from the corresponding period in 2020. The increase was primarily due to the growth in demand for domestic tours . Other revenues were RMB34.5 million ( US $ 5.3 million ) in the second quarter of 2021 , representing a year - over - year increase of 60.6 % from the corresponding period in 2020. The increase was primarily due to a rise in commission fees received from other travel - related products and service fees received from insurance companies . Cost of revenues was RMB92.0 million ( US $ 14.2 million ) in the second quarter of 2021 , representing a year - over - year increase of 249.8 % from the corresponding period in 2020. As a percentage of net revenues , cost of revenues was 57.1 % in the second quarter of 2021 , compared to 77.3 % in the corresponding period in 2020 . 1 The conversion of Renminbi ( " RMB " ) into United States dollars ( " US $ " ) is based on the exchange rate of US $ 1.00 RMB 6.4566 on June 30 , 2021 as set forth in H.10 statistical release of the U.S. Federal Reserve Board and available at https://www.federalreserve.gov/releases/h10/default.htm .